Condensed Parent Only Financial Information (Tables)
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12 Months Ended |
Dec. 31, 2016 |
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| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
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| Condensed Balance Sheet |
Condensed Balance Sheets | | | | | | | | | | | | As of December 31, | | | 2016 | | 2015 | | | (In Thousands) | Assets | | | | | Cash and due from banks | | $ | 127 |
| | $ | 1,099 |
| Investments in subsidiaries, at equity | | 196,221 |
| | 187,530 |
| Leasehold improvements and equipment, net | | 1,605 |
| | 1,519 |
| Other assets | | 4,738 |
| | 2,849 |
| Total assets | | $ | 202,691 |
| | $ | 192,997 |
| Liabilities and Stockholders’ Equity | | | | | Borrowed funds | | $ | 33,512 |
| | $ | 35,751 |
| Other liabilities | | 7,529 |
| | 6,414 |
| Total liabilities | | 41,041 |
| | 42,165 |
| Stockholders’ equity | | 161,650 |
| | 150,832 |
| Total liabilities and stockholders’ equity | | $ | 202,691 |
| | $ | 192,997 |
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| Condensed Income Statement |
Condensed Statements of Income | | | | | | | | | | | | | | | | For the Year Ended December 31, | | | 2016 | | 2015 | | 2014 | | | (In Thousands) | Net interest expense | | 2,799 |
| | 2,777 |
| | 2,071 |
| Non-interest income | | | | | | | Consulting and rental income from consolidated subsidiaries | | 16,036 |
| | 13,398 |
| | 10,776 |
| Other | | 33 |
| | 35 |
| | 34 |
| Total non-interest income | | 16,069 |
| | 13,433 |
| | 10,810 |
| Non-interest expense | | 19,250 |
| | 16,854 |
| | 13,444 |
| Loss before income tax benefit and equity in undistributed net income of consolidated subsidiaries | | 5,980 |
| | 6,198 |
| | 4,705 |
| Income tax benefit | | 2,170 |
| | 2,527 |
| | 1,659 |
| Loss before equity in undistributed net income of consolidated subsidiaries | | 3,810 |
| | 3,671 |
| | 3,046 |
| Equity in undistributed net income of consolidated subsidiaries | | 18,719 |
| | 20,185 |
| | 17,185 |
| Net income | | $ | 14,909 |
| | $ | 16,514 |
| | $ | 14,139 |
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| Condensed Cash Flow Statement |
Condensed Statements of Cash Flows | | | | | | | | | | | | | | | | For the Year Ended December 31, | | | 2016 | | 2015 | | 2014 | | | (In Thousands) | Operating activities | | | | | | | Net income | | $ | 14,909 |
| | $ | 16,514 |
| | $ | 14,139 |
| Adjustments to reconcile net income to net cash used in operating activities: | | | | | | | Equity in undistributed earnings of consolidated subsidiaries | | (18,719 | ) | | (20,185 | ) | | (17,185 | ) | Share-based compensation | | 994 |
| | 448 |
| | 416 |
| Excess tax benefit from share-based compensation | | (83 | ) | | — |
| | — |
| Increase in other liabilities | | 1,198 |
| | 2,390 |
| | 1,002 |
| Other, net | | (3,162 | ) | | (481 | ) | | (1,147 | ) | Net cash used in operating activities | | (4,863 | ) | | (1,314 | ) | | (2,775 | ) | Investing activities | | | | | | | Dividends received from subsidiaries | | 13,534 |
| | 7,034 |
| | 8,000 |
| Capital contributions to subsidiaries | | (3,500 | ) | | (3,000 | ) | | (32,980 | ) | Net cash provided by (used in) investing activities | | 10,034 |
| | 4,034 |
| | (24,980 | ) | Financing activities | | | | | | | Net (decrease) increase in short-term borrowed funds | | (1,500 | ) | | 1,500 |
| | 1,000 |
| Proceeds from issuance of long-term debt, net of issuance costs | | — |
| | — |
| | 14,469 |
| Repayment of long-term debt | | — |
| | — |
| | (4,000 | ) | Proceeds from issuance of common stock | | — |
| | — |
| | 16,560 |
| Proceeds from exercise of stock options | | — |
| | 300 |
| | 936 |
| Purchase of treasury stock | | (467 | ) | | (946 | ) | | (1,795 | ) | Excess tax benefit from share-based compensation | | — |
| | 162 |
| | 305 |
| Cash dividends paid | | (4,176 | ) | | (3,816 | ) | | (3,396 | ) | Net cash (used in) provided by financing activities | | (6,143 | ) | | (2,800 | ) | | 24,079 |
| Decrease in cash and cash equivalents | | (972 | ) | | (80 | ) | | (3,676 | ) | Cash and due from banks at the beginning of the period | | 1,099 |
| | 1,179 |
| | 4,855 |
| Cash and due from banks at the end of the period | | $ | 127 |
| | $ | 1,099 |
| | $ | 1,179 |
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